Property Description

Welcome to 38 and 36 Chapel Street, truly a one of a kind property that shows great pride of ownership. Sold as a package, this is a unique opportunity to purchase two well-maintained multi-family properties in the sought-after "Back Central" neighborhood of Lowell. Located in a very convenient area, with close proximity to Downtown, local restaurants, shops, and easy access to Route 495 & Route 3. Additionally, the MBTA commuter rail station is a just few blocks away. This property offers many features that were handcrafted by its owners of 50 plus years.Two homes on one lot, offering a combined total of four spacious units, with 9 Bedrooms. Great potential for ample income for investors or owner-occupants looking to build wealth and capitalize on a prime location. Plenty of parking and a beautiful yard that has been used as a garden with Fruit Trees, Grape Vines and Custom Pergola at Patio area, making this a great space to entertain. Listing agent related to seller.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Finished, Full, Interior Access, Other (See Remarks), Unfinished Basement, Walk Out
  • Common Rooms: Family Room, Kitchen, Living Room, Mudroom, Office/Den
  • Common Interior Features: Bathroom With Tub, Ceiling Fans, Pantry, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Washer / Dryer Combo, Washer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Space Heater

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 14400
  • Net Operating Income: 14400

Utilities

  • Heat Zones: 5
  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Energy Features: Insulated Windows, Storm Doors
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, for Gas Range, Icemaker Connection, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Stone/Concrete
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73364116
  • Last Updated: 05/06/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/06/2025Contingent$979,900$215MLSPIN
04/28/2025Active$979,900$215MLSPIN
04/24/2025New$979,900$215MLSPIN

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Seller's Representative: Filomena Silva, REALTY NEW ENGLAND
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-06 13:00:00

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